Drafting your will using online tools can lead to unwanted outcomes


The novel coronavirus (COVID-19) pandemic has refocused people’s thoughts on the health and safety of their families. In addition to taking the necessary steps today to protect your loved ones, it’s equally important to consider their financial security in the future. If you don’t have a will, drafting one should be your first step in

CDC Travel Advisory for Employees Who Travel


Before traveling, advise employees to: Check the CDC’s Traveler’s Health Notices (https://wwwnc.cdc.gov/travel) for the latest guidance and recommendations for each country to which you will travel. There is also specific travel information for travelers going to and returning from China. Before starting to travel, employees should check themselves for symptoms of acute respiratory illness:

Does Your Estate Plan Include a Formula Funding Clause?


The gift and estate tax exemption is higher than it’s ever been, thanks to the Tax Cuts and Jobs Act (TCJA), which temporarily doubled the exemption to an inflation-adjusted $10 million ($20 million for married couples who design their estate plans properly). This year, the exemption amount is $11.4 million ($22.8 million for married couples). If you’re married and